Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: B) Production function

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Considering about these facts	B) the principal has offered
C) him a seat	D) No error

Answer & Explanation Answer: A) Considering about these facts

Explanation:

The error is in first part. ‘Considering’ is a preposition that relates the facts to the principal and hence does not need to be followed by another preposition ‘about’. A preposition like ‘considering’ should be followed by a pronoun like ‘these’ in this case. The use of about is unnecessary and shall be omitted. The sentence indicates that the principal offered him a seat only after considering certain facts.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. Ifa sentence is free from error, select 'No Error'.

Buttressing the confidence in the economy (1)/ are the findings in the survey, which posits (2)/ an improvement in the infrastructure sectors.(3)/ No error. (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India	B) Advocate General of State
C) Attorney General of India	D) Chief Election Commissioner of India

Answer & Explanation Answer: C) Attorney General of India

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which is the most powerful piece in a game of chess?

A) King	B) Queen
C) Rook	D) Knight

Answer & Explanation Answer: B) Queen

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

A) India has 'advance right to reprocess' US-origin safeguarded spent fuel.	B) India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
C) India should not test a nuclear device	D) The US will impede with the growth of India's nuclear weapons programme.

Answer & Explanation Answer: C) India should not test a nuclear device

Explanation:

The deal would indirectly bring India under purview of NSG and US laws that would not allow India to conduct nuclear test in the future. The issue of nuclear test was later clarified as the moratorium on nuclear test was unilateral and voluntary and there was no pressure on India from outside.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain	B) Kuwait
C) Oman	D) Qatar

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